|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||916|
|Posts / Week:||2.4|
|Archived Since:||June 7, 2008|
From the NY Times.
A career in Economics...it's much more than you think from American Economic Association on Vimeo.
"Blanchard, Mankiw, and Romer are all in the Wu-Tang Clan."From Dietz Vollrath, an economics professor at the University of Houston, in his Hip-Hop History of Macro.
Compared with Harvard tuition, that is, according to Irwin Collier: Excerpts from the Harvard Catalogue for 1874-75 with principal texts.... Incidentally, one finds that annual fees for a full course load at Harvard ran $120/year and a copy of John Stuart Mill’s Principles cost $2.50. Show More Summary
News from Amazon:
Who's been advising Greece?
If you are looking for a new binge-worthy TV drama (and you have already seen The Affair from last year, the best recent TV show), let me recommend Bloodline. Set in the Florida keys, it is the story of a seemingly successful but actually dysfunctional family and what happens when the black-sheep son returns. The full first season was released by Netflix just a few months ago.
As long-time readers of this blog know, I have long advocated greater use of Pigovian taxes, such as taxes on carbon emissions. Such taxes can correct incentives by aligning private and social costs, and the revenue from such taxes can...Show More Summary
From this collection of Milton Friedman quotations, here is one I had not heard before:“I do not believe that the solution to our problem is simply to elect the right people. The important thing is to establish a political climate of opinion which will make it politically profitable for the wrong people to do the right thing. Show More Summary
A common meme is that workers aren't benefiting from productivity growth. Robert Lawrence says, not so fast. You can watch a video of him explaining this here.
No, says Marty Feldstein. I made similar points in this old post. According to the IGM Panel, most economists agree.
Click here to read my piece in this coming Sunday's NY Times Book Review.
Click here to read my column in Sunday's NY Times.
Click on graphic to enlarge ?
I am delighted to report that I am no longer chairman of the Harvard economics department. My three-year sentence term having been completed, I am happy to turn things over to David Laibson. Condolences Congratulations, David.
With the problems in Greece now leading the news, this old article by the great Milton Friedman is worth (re)reading. (Martin Feldstein made similar arguments at the time in this article.)
I recently had the pleasure of seeing several films at the Nantucket Film Festival. My favorite was Best of Enemies, a documentary about the TV debates between William Buckley and Gore Vidal during the 1968 presidential nominating conventions. It is being released later this month. Here is the trailer:
I happened to be flipping through another introductory economics textbook. (Yes, some people have the temerity to try to compete with my favorite textbook.) I noticed an error that is, unfortunately, all too common in how introductory economics is taught. Show More Summary